IMF: Zambia needs bilateral debt relief to secure next payout
Published on: Wednesday 05 April 2023
By Rachel Savage and Chris Mfula LUSAKA (Reuters) -The next International Monetary Fund (IMF) payout to Zambia from a total loan of $1.3 billion is contingent upon its bilateral creditors reaching an agreement on a long-delayed debt restructuring, the Fund said in a statement on Thursday. An IMF mission and Zambian officials completed a successful first review of the programme, it said. But the
News source: https://www.msn.com/en-us/news/other/imf-zambia-needs-bilateral-debt-relief-to-secure-next-payout/ar-AA19xr5U
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